What, you want more? Isn't Obama making YOUR car and housing payments?![]()
What, you want more? Isn't Obama making YOUR car and housing payments?![]()
Ginsue - Admin
Proud Infidel Since 1965
"You can't spell genius without Ginsue." -Ray1970, Apr 2020
Ginsue's Feedback
I wish!
It is ridiculous how much the banks make off a home mortgage, I would be better off to buy land, live on welfare and build a house myself, then find a job and not have a mortgage.
I was astounded when I bought my house how much you pay in interest over the life of a loan. it is sickening.
Ginsue - Admin
Proud Infidel Since 1965
"You can't spell genius without Ginsue." -Ray1970, Apr 2020
Ginsue's Feedback
Yep, I just bought a new house and we will end up paying just over twice the original price of the house if we pay just the standard payments.
My aunt is a Realtor and told me if I pay an extra 2 payments a year I would have it paid off in about 18 years.
Other than the fact that we don't have that much extra money and I definitely don't plan on staying there more than 5 it is near pointless.
I can only hope the value of the house appreciates quite a bit and I can make some extra money off it that way.